Spacewell: Tackling The Challenging Needs Of Corporate Occupiers In A Dynamic Real Estate Market

Executive Summary

The integrated workplace management systems (IWMS) market has significantly evolved, driven by the shifting needs of corporate real estate executives and the rise of hybrid working models. In May 2022 Verdantix introduced connected portfolio intelligence platforms (CPIPs) as the next generation of IWMS, designed to meet the increasing demand for data-driven decision-making in real estate management. This report represents a deep-dive into Spacewell – an IWMS/CPIP provider based in Antwerp, Belgium – and the recent updates to its workplace management offering. Since May 2023 Spacewell has introduced features that improve the customization of its solution, enhance hybrid working programmes through detailed analytics, and offer simulation tools for identifying cost savings. The evolution from IWMS to CPIP will further transform how executives manage their portfolios, by bringing together portfolio-level information with real-time device data, alongside advanced analytical tools. Spacewell's latest updates serve as proof-points of how the vendor has embraced the CPIP vision.